Moody’s – Nigeria to be among 15 largest economies by 2050 with GDP of $4.5 trillion

Ratings agency Moody’s published a statement last week on Nigeria’s rebased GDP of $510 billion, which it estimates would surge to $4.5 trillion by 2050. Moody’s which has a Ba3 stable rating on Nigeria said that the rebasing exercise was supportive of assessing the nations sovereign credit profile, although it does not change the government’s…

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